Police recover funds from elderly woman's $350,000 crypto scam

Nearly four years after a 70-year-old woman from Pleasant Hill lost $350,000 in a cryptocurrency scam, police have recovered the majority of the stolen money. The victim reported the fraud in March 2022, and detectives tracked the funds with help from federal authorities. The money was returned to her and her family on December 31.

In March 2022, a 70-year-old resident of Pleasant Hill, California, contacted the local police department after falling victim to a cryptocurrency investment scam. An unknown individual, posing as a male, had approached her online and persuaded her to invest her life savings, resulting in a loss of $350,000.

Detective Steven Vuong of the Pleasant Hill Police Department led the investigation, focusing on tracing the cryptocurrency transactions. With assistance from the United States Secret Service, he identified the majority of the funds in a digital wallet that remained inactive for over three years. The wallet showed activity in September 2025, allowing authorities to freeze and seize the assets.

"This is an excellent example of good policework yielding a very positive outcome," said Pleasant Hill Police Chief Scott Vermillion in a statement. "We are happy to be able to return these funds to the victim, and I congratulate Detective Vuong on the outstanding work he put into this case."

On December 31, the recovered funds were transferred back to the victim and her family. While details about the suspect remain unavailable, the case highlights the challenges of crypto-related fraud, particularly targeting elderly individuals. The Pleasant Hill Police Department encourages anyone who suspects they have been scammed to call 925-288-4600 for assistance.

This recovery underscores the potential for law enforcement to retrieve digital assets in fraud cases, offering hope to victims of similar schemes.

Articoli correlati

Police raid and arrests in a €600 million cryptocurrency scam bust across Europe, showing seized assets and suspects.
Immagine generata dall'IA

Nine arrested in Europe over €600 million crypto scam

Riportato dall'IA Immagine generata dall'IA

European authorities have arrested nine suspects in a multinational operation targeting a cryptocurrency investment fraud network that stole at least €600 million from victims. The late October sweep involved agencies from several countries and resulted in the seizure of cash, cryptocurrency, and luxury items. Victims were lured through deceptive online tactics but could not recover their funds.

Authorities in Pleasant Hill, California, have returned most of a 70-year-old woman's life savings stolen in a cryptocurrency scam nearly four years ago. The victim lost $350,000 in March 2022 after an online fraudster persuaded her to invest. Detective Stephen Vuong, with help from the United States Secret Service, tracked and seized the funds from a digital wallet.

Riportato dall'IA

The Albemarle County Police Department, Virginia State Police, and FBI are alerting residents to a surge in cryptocurrency scams targeting the elderly. From January 1 to February 28, 2025, 29 cases were reported in Albemarle County, with nine victims losing $240,000 total. Officials stress early reporting to improve recovery chances.

A quick-thinking store clerk in Liberty, Missouri, intervened to prevent an elderly man from losing $30,000 in a cryptocurrency scam. The incident involved a fake Microsoft support call directing the victim to use a crypto ATM. Police praised the clerk's actions and issued warnings about such frauds.

Riportato dall'IA

Hong Kong police are investigating an attack and robbery in which a 25-year-old mainland Chinese man lost about HK$6 million (US$767,070) in cryptocurrency and silver. The incident was reported at 3.52am on Saturday, with the victim attacked by three men and a woman at a hotel near Man Lok Street in Hung Hom. The suspects later took him to a unit in an industrial building and seized silver items worth HK$1 million; no arrests have been made and a manhunt is underway.

A South Korean man in his 30s who laundered $68,000 in cryptocurrency for a voice phishing gang has had his suspended sentence revoked. The Suwon High Court imposed a four-year prison term after he appealed for leniency. The ruling highlights his key role in the scam operations.

Riportato dall'IA

A cryptocurrency investor lost over $282 million in Bitcoin and Litecoin after scammers impersonated Trezor support to steal a recovery seed phrase. The theft, revealed on January 16, 2026, by investigator ZachXBT, involved 1,459 Bitcoin and 2.05 million Litecoin stolen on January 10. The attacker laundered funds through Thorchain and converted them to Monero, causing the privacy coin's price to surge 36%.

 

 

 

Questo sito web utilizza i cookie

Utilizziamo i cookie per l'analisi per migliorare il nostro sito. Leggi la nostra politica sulla privacy per ulteriori informazioni.
Rifiuta